Three income producing SFH properties in a row on East 26th St. in up & coming Sheffield! There is also an open green space between two of the houses, providing lots of room for kids to play or room for further development. Each home also has a large backyard space. Homes feature real hardwood floors, laundry hook-ups, and some newer LVP flooring. Stove and fridge in each unit included. Cap Rate on these three properties together is 10.13%. GRM of 8.85. Nearby similar renovated comps have sold for much more. Priced below appraised value. With some simple improvements, this investment property can bring even higher cash flow and increased value. Information is from Seller. Buyer is responsible for verifying all info. Nearby to neighborhood establishments: Riverfront Park (1.7 mi), Groundhog Coffee (.5 mi), The Red Clay Table (.7 mi), Sheffield Hardware (.7 mi)
**Please do not disturb tenants.** No signs, no lockboxes.
For sale
$255,000
1501 E 26th St #1, Sheffield, AL 35660
--beds
--baths
4,270sqft
Est.:
Multi Family
Built in 1920
-- sqft lot
$-- Zestimate®
$60/sqft
$-- HOA
What's special
Newer lvp flooringOpen green spaceLaundry hook-upsLarge backyard spaceReal hardwood floors
- 134 days
- on Zillow |
- 95 |
- 3 |
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